Replies to post #378287 on SPDR S&P 500 (SPY)

[trendzone]

There was one buyside chop up,and one downside chop down,then range bound flat chop, one of the more noticeable on close patterns and price action was that price closed below the 50 day SMA,and the 10 day SMA closed below the 50 SMA,and as did the 20 SMA below the 50 SMA,all on the 30 minutes chart, considered a negative outlook by many traders, if that doesn't correct back above all those levels, and stays there,and instead starts grinding to lower levels,it could be setting up for some sort of market Pullback and test support zones.